Casse di Risparmio dell'Umbria

Fideuram - Intesa Sanpaolo Private Banking And REYL & Cie SA To Enter Into Long-term Strategic Partnership

Retrieved on: 
Monday, October 5, 2020
Companies, Banks, Banco Santander, Banca Intesa, Crédit Agricole, Intesa Sanpaolo, Istituto Bancario San Paolo di Torino, REYL & Cie, Casse di Risparmio dell'Umbria

It also confirms the choice of Switzerland as the headquarter of the international private banking activities of Fideuram - ISP PB and adds significant scale to its existing presence in the country.

Key Points: 
  • It also confirms the choice of Switzerland as the headquarter of the international private banking activities of Fideuram - ISP PB and adds significant scale to its existing presence in the country.
  • "The strategic partnership with REYL," commented Tommaso Corcos, CEO of Fideuram Intesa Sanpaolo Private Banking, "confirms the Intesa Sanpaolo Group's strategy, which has long been focused on building a Wealth Management & Protection Company.
  • Headquartered in Milan, Fideuram Intesa Sanpaolo Private Banking is the no.1 Italian domestic private banking player and a key affiliate of Intesa Sanpaolo Group, consolidating all of Group's private banking activities.
  • As at 30 June 2020, REYL managed assets in excess of CHF 13 billion and employed more than 220 professionals.

Fideuram - Intesa Sanpaolo Private Banking And REYL & Cie SA To Enter Into Long-term Strategic Partnership

Retrieved on: 
Monday, October 5, 2020
Companies, Banks, Banco Santander, REYL & Cie, Intesa Sanpaolo, Banca Intesa, Istituto Bancario San Paolo di Torino, Banca Intesa Beograd, Casse di Risparmio dell'Umbria

MILAN and GENEVA, Oct. 5, 2020 /PRNewswire/ -- Fideuram Intesa Sanpaolo Private Banking (Fideuram - ISP PB), the private bank division of the Intesa Sanpaolo Group and REYL & Cie SA (REYL), an independent and diversified banking group headquartered in Geneva, announce they have agreed on the terms of a strategic partnership by which Fideuram - ISP PB will acquire a 69% interest in REYL and will contribute to REYL its wholly-owned Swiss bank subsidiary Intesa Sanpaolo Private Bank (Suisse) Morval (ISPBM).

Key Points: 
  • MILAN and GENEVA, Oct. 5, 2020 /PRNewswire/ -- Fideuram Intesa Sanpaolo Private Banking (Fideuram - ISP PB), the private bank division of the Intesa Sanpaolo Group and REYL & Cie SA (REYL), an independent and diversified banking group headquartered in Geneva, announce they have agreed on the terms of a strategic partnership by which Fideuram - ISP PB will acquire a 69% interest in REYL and will contribute to REYL its wholly-owned Swiss bank subsidiary Intesa Sanpaolo Private Bank (Suisse) Morval (ISPBM).
  • It also confirms the choice of Switzerland as the headquarter of the international private banking activities of Fideuram - ISP PB and adds significant scale to its existing presence in the country.
  • "The strategic partnership with REYL," commented Tommaso Corcos, CEO of Fideuram Intesa Sanpaolo Private Banking, "confirms the Intesa Sanpaolo Group's strategy, which has long been focused on building a Wealth Management & Protection Company.
  • Headquartered in Milan, Fideuram Intesa Sanpaolo Private Banking is the no.1 Italian domestic private banking player and a key affiliate of Intesa Sanpaolo Group, consolidating all of Group's private banking activities.